A Practical Guide to US Taxation of International Transactions 3rd ed

Providing the reader with a practical command of the basic concepts and issues surrounding US taxation of international transactions, this text places an emphasis on those areas of international taxation generally deemed to be essential to tax practitioners.;This edition has been updated to reflect important developments since the book was published in 1998. Transfer pricing and tax treaties are given special attention in the revision and a new section on IRS procedure is offered. Also greatly enhanced is the discussion of choice of entities and the check-the-box regulations, certainly one of the hottest topics in US international tax. Even with increased coverage, the book maintains its initial mission of providing a concise explanation of the subject that should be accessible to all those who toil over US international tax issues.